CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Jason has $500 in a savings account which earns 5% compounded annually. How much additional interest would he earn in four years if he moved the money to an account that earns 6%?
A. $21.89
B. $25.88
C. $23.49

User Contributed Comments 1

User Comment
wuyi 500*(1.06^4-1.05^4)=23.485
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